The newspaper business is in rapid decline. La Presse, Québec’s largest news-site, announced its plan to become a non-profit.

Jesse joins Pierre-Elliot Levasseur, the President of La Presse in Montréal and speaks to him about their new non-profit structure. We learn about La Presse’s move to digital and how they’re holding out hope for a government news bailout.

Is this the future for news media in Canada? Or is it simply a neat exit strategy for Power Corporation, the Desmarais owned holding-company that severed ties with the newspaper business?